Hungary’s MOL discovered a large oilfield

12:42 - 1.05.2024


May 1, Fineko/abc.az. Hungarian oil & gas company MOL has discovered a new field in the central part of the country.

ABC.AZ reports that about 1,000 barrels of oil per day can be extracted from it.

"MOL together with Hungarian company O&GD Central Kft. conducted successful drilling in Central Hungary, near the village of Tura. The new field currently produces about a thousand barrels of oil per day, OGD and MOL own it in the proportion of 51%-49%. For MOL, this means about 500 barrels per day, which is about 1% of the average daily oil production of the MOL group in 2023," company’s statement says.